With the advent of eco-friendly awareness amongst consumers, the Industry for environmentally sustainable canned tuna is increasing steadily. The eco-friendly production of tuna was adopted due to overfishing concerns, bycatch, and the overall degradation of the marine ecosystem. Canned Tuna Industry growth is driven by sustainability, and it has become a key factor guiding industry practices and consumer purchasing decisions.
What Role Does Sustainability Play in Growing Portions of the Industry?
Fishing With Purpose: Effortless Evolution of Marine Conservation
Important Certifications: Guaranteeing Ethical Sourcing
Taking on Overfishing: What Needs to be Altered
How the Industry is Changing Due to Customer Requirements?
The Next Steps for Eco-Friendly Tuna
A Small Narrative, A Big Narrative!
The demand for canned tuna Industry was estimated to value US$18.7 billion in 2022. The Industry is expected to grow at a compound annual growth rate of 4.5% from 2023 up to 2030. This interest is influenced by the growing concern over the usage of sustainable practices in fishing, which forces retailers and brands to increase the offerings of responsibly harvested tuna. Super Industry chains like Tesco and Whole Foods have pledged to only sell sustainably harvested tuna. Wild Planet and Safe Catch, on the other hand, use pole-and-line and FAD-free fishing to target environmentally concerned consumers. Sustainability is becoming increasingly pivotal for a company’s survival in a world that is focused on green practices.
The customers are targeting and wanting to attain the necessary sustainable packaging material that is used during transportation, stricter guidelines on the contents included on the product label, and also sustainability on the product's stylish package. Rio Mare is also on board with this advancement and has released tuna in disposable recyclable cans with QR codes, allowing clients to track the place of origin of the fish extracted. It is no shock that in order to sell these products, one must make them eco-friendly, as failure to do so would greatly decrease sales.
A Small Narrative, A Big Narrative!
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